🕒 Posted on: 7/26/2025 6:46:30 AM UTC

Whales Accumulate XRP as DOGE Rebounds 5% From Key Support Levels

Introduction: Market Volatility Sparks Whale Activity

The cryptocurrency market has seen significant volatility in recent days, with Ripple’s XRP and Dogecoin (DOGE) experiencing contrasting trends. While XRP dropped below $3 after its recent all-time high (ATH) of $3.6, large investors seized the opportunity to accumulate over 130 million XRP—worth roughly $400 million—in just 24 hours. Meanwhile, DOGE rebounded 5%, reclaiming a historically strong accumulation zone that has previously triggered major bull runs.

This article explores the latest developments for both assets, analyzing whale accumulation patterns, key resistance levels, and what traders should watch next.

XRP’s Rollercoaster: From ATH to Whale Accumulation

XRP’s Recent Price Action

Last week, XRP surged past its 2018 peak of $3.4, reaching a new ATH of $3.6. However, the rally was short-lived as the token faced a sharp correction, slipping below $3 amid broader market turbulence. Several factors contributed to this decline:

  • Upbit’s concerning moves: The South Korean exchange reportedly made adjustments affecting liquidity.
  • Long positions liquidated on Binance: Traders betting on further upside were caught off guard.
  • Co-founder sell-off: One of Ripple’s co-founders sold $140 million worth of XRP, adding selling pressure.

Despite the dip, XRP has since recovered to $3.17, holding above the crucial $3 support level.

Whales Buy the Dip

Data from crypto analyst Ali Martinez reveals that large investors (whales) purchased over 130 million XRP in a single day. Historically, whale accumulation at key support levels has preceded bullish reversals, making this a notable development.

Additionally, market sentiment toward XRP has shifted from extreme greed to a more neutral stance—a potential bullish signal if fear turns into renewed accumulation.

Dogecoin’s Rebound: A Return to Key Accumulation Zone

DOGE’s 5% Recovery and Historical Significance

While XRP struggled, Dogecoin (DOGE) rebounded 5%, reclaiming a critical price range that has historically acted as a springboard for major rallies. According to Ali Martinez:

“DOGE has returned to a range that has historically served as a buying zone, triggering major bull runs.”

Key Resistance Levels to Watch

For DOGE to confirm a sustained uptrend, it must first reclaim the $0.25 resistance level. Martinez notes:

“Reclaiming $0.25 is a huge win because above that, there’s almost zero resistance all the way up to $0.36.”

If DOGE breaks past this barrier, it could see smoother upward momentum toward higher price targets.

Comparing XRP and DOGE: Market Roles and Investor Sentiment

XRP: Institutional Appeal vs. Retail Speculation

  • XRP’s use case: Primarily tied to Ripple’s cross-border payment solutions, attracting institutional interest.
  • Recent whale activity: Suggests confidence in long-term utility despite short-term volatility.
  • Regulatory clarity: Unlike many altcoins, XRP has clearer legal standing following Ripple’s partial victory against the SEC.

DOGE: Meme Coin with Strong Retail Support

  • Community-driven momentum: DOGE thrives on retail speculation and social media hype (e.g., Elon Musk’s endorsements).
  • Historical patterns: Repeatedly rebounds from key accumulation zones but remains highly volatile.
  • Lack of fundamental utility: Unlike XRP, DOGE lacks strong institutional adoption but benefits from strong liquidity and recognition.

Strategic Conclusion: What Traders Should Watch Next

For XRP:

  • Monitor whether whales continue accumulating at current levels ($3–$3.2).
  • Watch for regulatory updates or institutional adoption news that could drive demand.
  • A break above $3.5 could signal renewed bullish momentum toward new highs.

For DOGE:

  • The $0.25 resistance is critical—a sustained breakout could open the path to $0.36.
  • Social media trends and influencer mentions may play a role in short-term price action.
  • If Bitcoin stabilizes or rallies, meme coins like DOGE could see amplified gains due to their high-beta nature.

Broader Market Implications

The contrasting trends between XRP and DOGE highlight how different cryptocurrencies respond to market conditions—utility-driven assets like XRP attract strategic accumulation, while meme coins like DOGE rely heavily on sentiment shifts and technical levels. Traders should remain vigilant for follow-through moves in both assets while keeping an eye on Bitcoin’s influence as the market leader.

Stay updated with real-time analysis by following trusted analysts like Ali Martinez and tracking exchange movements on platforms like Binance and Upbit. As always, conduct your own research before making trading decisions in this volatile market.

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